₹ 14,996 is
the current outstanding balance
50%
0%
17%
33%
Ratto Bai is a woman who resides in Khandva and practices animal husbandry. She has been working in the same profession for 4 years now. Ratto Bai hasn't taken any loans before. With this loan, she will be able to add more goats to her flock. By selling milk in the local dairy, she'll have increased revenue. Invest in her venture and enable her to provide better for her family.
Ratto Bai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Ratto Bai will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ratto Bai Kasdey has consented to pay the interest as below:
Investee
pays
7.00% flat p.a.
12.60% APR
Social
Investor
3.00%
5.40% APR
Platform
charges
4.00%
7.20% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
18 months
Moratorium
2 months
Repayment
mode
EQI
Investee
occupation
Animal husbandry
Established in
2002
With Rang De from
2022
Founded by
Seema - Prakash
Spandan Samaj Sewa Samiti is a grassroots NGO working among the lesser known and nutritionally vulnerable Korku tribe in Khandwa district of MP. The key focus area is Food Security and Nutrition. With that regard we are currently trying to enhance the livelihood of marginalized families. The major areas considered are goatery and nano enterprises and women empowerment.
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